TASMANIA must be bold and seize opportunities in areas like agribusiness, a new report into the state’s economy has urged.
The report, Be Bold Tasmania, was prepared by Deloitte Access Economics and examines many aspects of the state’s economy including business and education standards.
“We think bold changes are needed. More of the same, or playing around the edges won’t achieve what we believe needs to be achieved to set a new course for the future of the state that will address these structural factors,” Deloitte managing partner for Tasmania Carl Harris wrote.
Mr Harris noted business confidence was high.
“Business confidence is currently high and the economy is strong so now is a good time to really start shaping the future of Tasmania,” he said.
“If we don’t take this opportunity now, we risk not fully capitalising on our strengths and applying band aid solutions to systemic, intergenerational challenges. We risk failing the Tasmanians who need us most.
“We risk having the next generation of business leaders talking about the same topics we are now, and that is not good enough.”
Mr Harris said Tasmania could maximise boom sectors of agribusiness, international education and tourism.
“To do this and set up a sustainable and prosperous future for the next generation of Tasmanians we believe we need a future ready workforce of sufficient scale working in an environment that facilitates and encourages growth,” he said.
“This can only be achieved if Tasmania embraces change and is bold.”
The report has been released ahead of the Braddon by-election this weekend, an event which is sure to put Tasmanian issues in national headlines.
Further coverage of Tasmanian issues in the context of logistics will be provided in the August print edition of Daily Cargo News.